Photo by PoPville flickr user Caitlin Faw
There seems to be an incredible amount of rooms/apts/houses being offered in DC on airbnb. I am truly amazed at the volume. All the hosts I know of seem to have no trouble getting guests and if you don’t mind the hassle of flipping the space between guests, everyone seems to find it very lucrative. It’s all win, win, win.
So… when will the other shoe drop? What’s the impact of all these airbnb listings in DC? It’s not like there are MORE tourists/students/interns visiting DC now than in prior years. So what’s the catch?
Are the area hotels suffering?
Is the rental market suffering (b/c people want to air bnb their spare rooms/apts instead of renting)?
Is this sustainable?
I have a hard time believing this can all be so rosey for much longer.
What do others think? Are there too many airbnb listings in DC to be sustainable?”